Enterprise Risk Management Process from the Perspective of International Financial Reporting Standards

As an Example of Re-exposure Draft of Revenue Recognition

Abstract

By the forward-looking perspective, is characterized in that the financial statements to reflect the economic reality of the company, the International Accounting Standards is effective in improving the process of risk identification in business risk management, evaluation, and support.
Therefore, in order to take up the main content of the draft re-publish on revenue recognition of international accounting standards, and organize the relationship between the process of risk management business, in this paper, we consider the point of view to contribute to the improvement of risk management business. Thus, we propose a method to take advantage of business risk management of international accounting standards.